The Republic of Kazakhstan started studying the feasibility of introducing a central bank digital currency back in May 2021. After finalising the initial pilot in December 2021, the National Bank of Kazakhstan has now released its decision-making framework for the issuance of its CBDC, the digital tenge. Binur Zhalenov, CEO of the Payment and Financial Technologies Development Center at the National Bank of Kazakhstan, joins OMFIF to discuss motivations and approaches to issuance of the digital tenge.
ON DEMAND What is blockchain good for? Though blockchain is now a well-known term, the specific qualities that make it useful are still poorly understood. David Chan, CEO and co-founder of a distributed ledger technology-based programmable money platform called eCora, joins Lewis McLellan, editor of OMFIF’s Digital Monetary Institute.
How a digital world will affect your wealth Are digital and cryptoassets suitable investments for ultra-high- and high-net-worth individuals? And if they are committed to expanding into this emerging asset class, how should they set about constructing a digital portfolio?
COMMENTARIES Crypto crash has positive long-term implications The collapse in cryptocurrency values over the past few months has been extremely painful for investors, but while many market participants are licking their wounds, others are taking a positive view of the shakeout.
The chill winds of the crypto winter Does the carnage in the crypto markets indicate the implosion of a black tulip bubble which will shortly become as much a historical curiosity as its floral predecessor? Or are we in the midst of a Schumpeterian process of creative destruction which will cull the lame?
REPORTS Data: Towards a new age of economic enlightenmentOMFIF report finds that the global economy will reap huge benefits if public and private sectors can reconcile privacy with the benefits of access to data.
